Ultrasis Interactive Healthcare fka LSE:ULT

[woolworth]

27 January 2011.

Ultrasis (ULT, 0.435p, £6.55m) The developer of computer based treatment systems has won a contract with UPMC Insurance Services Division, a subsidiary of UPMC a major US healthcare provider. UPMC will invest $1m in a US version of “Beating the Blues” which will be available from July 2011 across all of UPMC’s provider services as well as its insurance Services – serving over 1m potential customers. UPMC and Ultrasis have also formed a US KV to address the wider US market. We have been holders for some time, but the potential for this entry into the US market with a powerful and widespread partner justifies a move back to a SPECULATIVE BUY. (Julian Tolley)

http://www.proactiveinvestors.co.uk/columns/hb-markets/4397/hb-markets-daily-smallcap-newsflash-including-advanced-medical-solutions-mobile-streams-smartfocus-ultrasis-and-others--4397.html